ETO GARMENTS ApS — Credit Rating and Financial Key Figures

ETO GARMENTS ApS (CVR number: 63814113) is a company from MIDDELFART. The company recorded a gross profit of 5122.4 kDKK in 2023. The operating profit was 206 kDKK, while net earnings were 192.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ETO GARMENTS ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.